Unformatted text preview: retained earnings accumulate once they are reinvested. There is a tax advantage to having internal equity. Sources: http://www.teachmefinance.com/Scientific_Terms/Cost_of_retained_earnings.html...
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This note was uploaded on 03/26/2012 for the course F1515 F1515 taught by Professor Stan during the Spring '10 term at Keller Graduate School of Management.
- Spring '10